Tuesday, September 26, 2023 | The Latest Buzz for the Appraisal Industry

Affordability Decreases for First-Time Buyers

While many in the housing market are predicting a shift in power to buyers’ favor, that switch may not be coming anytime soon to according to a recent NerdWallet report due to tempered demand due to higher mortgage rates.  In addition, home affordability hit another low for first-time buyers during the second quarter of 2022; …

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